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Sulphur Choice Suites 356 Invader St

16 Unit Apartment Building $1,890,000 ($118,125/Unit) Sulphur, LA 70663

Investment Highlights

  • Low Maintenance
  • Established Clientele

Executive Summary

Fully furnished 16 unit weekly apartments in highly industrialized area minutes from all industry for out of town companies /workers gives them the option to stay in a fully furnished corp apartment with full kitchen / home away from home setting vs hotel / motel, only 45 seconds from Exit 20 Sulphur Louisiana and main road very convenient to restaurants. Quick Cash sale for this Cash Cow!

Property Facts

Price $1,890,000
Price Per Unit $118,125
Sale Type Investment
Sale Conditions Business Value Included
No. Units 16
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class B
Lot Size 0.02 AC
Building Size 14,164 SF
No. Stories 2
Year Built/Renovated 1990/2009
Parking Ratio 2.26/1,000 SF

Unit Amenities

  • Air Conditioning
  • Balcony
  • Cable Ready
  • Dishwasher
  • Microwave
  • Heating
  • Ceiling Fans
  • Eat-in Kitchen
  • Kitchen
  • High Speed Internet Access
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Walk-In Closets
  • Wi-Fi
  • Coffee System
  • Freezer
  • Handrails
  • Smoke Free

Site Amenities

  • Laundry Facilities
  • Property Manager on Site
  • Furnished Units Available
  • Grill
  • Wi-Fi

About 356 Invader St , Sulphur, LA 70663

OWNER RETIRING ,16 Fully Furnished One-Bedroom Corporate Apartments. These units are rented to companies and workers coming into town. Gives companies and workers the option to stay in a nice FULLY FURNISHED corporate apartment with a full kitchen (Home away from home) versus a hotel/motel. These units are right down the road from the several industrial plants and LNG. Units usually run from $449 for 1 person $549 for 2 and $649 for 3 per week. These are LOW range prices that are subject to increase according to market demand. Reason for sale: Owner is RETIRING and Relocating overseas.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 16 - -

zoning

Zoning Code Commercial (Commercial)
Commercial (Commercial)
  • Listing ID: 28652402

  • Date on Market: 6/3/2023

  • Last Updated:

  • Address: 356 Invader St, Sulphur, LA 70663

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